Networking site cashes in on friends — Facebook founder finally finds a way to profit from its 150m members' private data — Facebook is planning to exploit the vast amount of personal information it holds on its 150m members by creating one of the world's largest market research databases.

Farewell to Mike Homer — We all liked Mike. In fact, we all loved the pugnacious, energetic and restlessly entrepreneurial Silicon Valley exec. — Sadly for those who knew him, Mike Homer died today at his home surrounded by family and friends, after a long battle with a severe illness.

New owners of Ebaumsworld fire Ebaum — According to the blog of Ebaumsworld, the new owners have fired all of the original staff, including Ebaum himself! — Ebaumsworld is a very well known website that focuses on funny videos, pictures, flash games, etc.

Twitter improves service, base; next, revenue — (02-01) 15:13 PST — Greg Sterling, a technology analyst, used to ridicule Twitter and the deluge of messages its users posted about eating hamburgers and running errands. — “It just seemed to me to be a glorification of trivia and navel gazing,” he said.

One-Click iPhone App Cracker Released to the Public — Recently we have reported on what can happen when iPhone software from the Apple store is cracked and made available to the public. In our articles we briefly touched on how these applications were cracked, via a piece of code known as Crackulous.